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Karen Scarpa

[email protected] +1(732) 631-4514

$ 2,200,000

Est. payment -/mo

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Under Contract

300 UNION CHURCH RD Townsend, DE 19734

3 Beds

1 Bath

2,175 SqFt

UPDATED:

10/28/2024 06:00 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,175 sqft

Price per Sqft $1,011

Subdivision None Available

MLS Listing ID DENC2068878

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 2,175

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,877

Tax Year 2022

Lot Size 186.900 Acres

Acres 186.9

Lot Dimensions 0.00 x 0.00

Property Description

Up for sale is the Twin Oaks Farm in Townsend, DE for $2.2m. The farm is 187 +/- acres at 300 Union Church Rd. Townsend, DE 19734. The scenic land borders Blackbird Creek to the south and a small piece of Rt 1 to the west. The convenient location is 5 miles to Middletown, 24 miles to Wilmington, and 45 miles west to the Bay Bridge or North to Philadelphia. The farmhouse was constructed in 1900 and was recently renovated. The kitchen still needs completing. The property has a 7-acre pond, fencing, barns, and privacy. A 7,000sqft barn is in the process of being converted to a second residence, rental housing for added income, or an amazing entertainment venue. A 40 +/- acre solar lease is pending on the property for added income with significant upside for an investor. Pro forma cap rate on potential residential leasing, the farm lease in place, and the future solar field is estimated at 8.5.

Sellers are asking for cash-buyers only. Property will be sold in ?As-is? condition with no warranty express or implied. All showings must be scheduled in advance.

Location

State DE

County New Castle

Area South Of The Canal (30907)

Zoning SR

Rooms

Main Level Bedrooms 3

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Central A/C

Fireplaces Number 1

Fireplace Y

Heat Source Electric

Exterior

Waterfront N

Water Access N

Farm Grain

Accessibility None

Parking Type Other

Garage N

Building

Story 2

Foundation Crawl Space

Sewer Septic Exists

Water Well

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Appoquinimink

Others

Senior Community No

Tax ID 14-016.00-159

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Jeffrey Spiegelman • The Moving Experience Delaware Inc

Karen Scarpa

Agent | RMFR8838475

+1(732) 631-4514

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East Brunswick, NJ

Karen Scarpa

Karen Scarpa

300 UNION CHURCH RD Townsend, DE 19734

Key Details

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Interior

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Schools

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